LD Capital founder warns of rising crypto uncertainty, advises against leverage

LD Capital founder Jack Yi said on X that uncertainty in the cryptocurrency market is increasing and advised investors to avoid leveraged trading. Yi said Binance-related negative developments and a U.S. Democratic Party election victory had a significant impact on AI-related U.S. stocks and the crypto market. He added that investors should not rush to buy the dip during the current decline and should take into account not only macroeconomic risks but also the safety of exchange-held assets. With risks across financial markets rising, Yi said investors should avoid leverage and wait until market conditions become clearer.